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via Cointelegraph · By Cointelegraph Staff

Ripple Secures $200M Credit Facility to Expand Institutional Prime Brokerage

XRP

XRP/USDT

$1.0321

-2.13%

$1.0321

-2.13%

(24s)

24h Volume

$1,212,674,769.88

24h H/L

$1.0899 / $1.0122

Change: $0.0777 (7.68%)

Long/Short

74.5%

Long: 74.5%Short: 25.5%

Funding Rate

-0.0116%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.0342

▼ -3.67%

Volume (24h): -

Resistance Levels

Resistance 3$1.1139

Resistance 2$1.0787

Resistance 1$1.0454

Price$1.0342

Support 1$1.0122

Support 2$0.9677

Support 3$0.8660

Pivot (PP):$1.0454

Trend:Downtrend

RSI (14):30.1

Cointelegraph Staff

(08:12 PM UTC)

1 min read

Reviewed bySarah Chen

732 views

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Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market.

The company said Monday that the debt facility will allow its Ripple Prime unit to offer more margin loans and other financing products to hedge funds…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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